Due to the short pre-election period, as well as political parties’ limited funds, residents of Latvia might be subject to hidden political campaigning in media more than ever, Sergejs Karitis, representative of the National Council of Electronic Mass Media, told in an interview to the information portal BNN.

Latvian fuel traders have reduced petrol prices by as many as two santims per litre. Consequently, now a litre of 95-octane petrol at SIA Latvija Statoil costs 90.5 santims, at Lukoil – 89.8 santims, but at Neste – 89.3 santims.

Although the emergency parliamentary elections will take place already this September, only one-fifth or 20% of the economically-active population already know what deputy candidates have been nominated.

Currently, politic parties’ ability to accumulate financial resources for the elections could be very limited, so it is likely there will be cases of hidden campaigning and administrative use of funds, says Alvis Vilks, deputy director of the Corruption Prevention and Combating Bureau.

July 2011 versus July 2010 shows retail sales are up 4% (at constant prices). Since February, compared to the same month a year earlier, retail sales have been demonstrating stable growth, according to Statistics Estonia.

The year 2010 saw rapid growth in the share of renewable energy in the total energy balance. In 2010, renewable energy production (biomass, hydropower, wind power, biogas, biofuel) surged 2.3% year-on-year, totalling 48.47%, according to the Central Statistical Bureau.

In the nearest time, the European Union has to decide either to give up the euro at all or strengthen the unity of institutions that previously had not received political support, SEB Bank analysts indicate.

As of late June, 2011, the number of debtors mostly with liabilities to banks accounted for 220.7 thousand, which is 11.8 thousand or 5.1% less than in late March, but still 15.5 thousand or 7.5% more than a year earlier.

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